Gibraltar insurer with five branches closes to new business
Gibraltar-headquartered Elite Insurance has stopped writing new business across all its offices “with immediate effect”.
Author: Mark Battersby
-
-
HMRC doubles tax evasion requests to overseas governments
HM Revenue and Customs has almost doubled its requests to governments elsewhere in the world for help in suspected tax evasion cases over a five-year period, according to figures obtained by law firm Pinsent Masons.
-
Tax planning trustees warned over beneficial register deadline
Many trustees will have too little time to comply with the new rules for the beneficial ownership register of trusts, and others will have huge amounts of information to gather, international audit, tax and consultancy firm RSM has warned.
-
Top planning opportunities two years on from pension freedoms
There are exciting new market opportunities for the taking, two years after the UK pension freedoms were introduced that raised customer awareness of the need for pension planning, says Matt Ward, communications director at AKG Financial Analytics
-
Australian Link Group buys UK, Europe and Dubai-focused Capita
Australia-headquartered financial services provider Link Group is to acquire internationally focused Capita Asset Services for £888m ($1.1bn, €1bn).
-
HMRC targets trusts used for tax planning with new register
HM Revenue & Customs has kickstarted a new beneficial ownership register targeting those who set up trusts to “generate tax consequences” in guidelines published on Tuesday.
-
Political uncertainty boosts case for active over passive funds
Passive funds have performed strongly in recent years, benefitting from relatively low volatility and more accommodative monetary policy in most developed economies, says David Macdonald, VAM Funds’sales and marketing director.
-
Pioneer CEO to leave as Amundi unveils new merged structure
Pioneer Investments’ group chief executive Giordano Lombardo is to depart after the completion of its acquisition by Amundi Asset Management on 3 July, as part of a raft of structural changes impacting more than 30 countries.
-
Mourinho accused of tax fraud by Spanish prosecutors
Manchester United manager Jose Mourinho has become the latest football figure to be accused of tax fraud by Spanish prosecutors.
-
HMRC frames new string of conditions for APN avoiders
HM Revenue & Customs has set out a string of new conditions under which it may extend the time allowed to pay a tax bill under an accelerated payment notice (APN).
-
Fearful advisers face ‘information vacuum’ on pension transfers
Nearly all financial advisers disagree with the UK regulator’s pension transfer value analysis assumptions and are having to deal with an “information vacuum” from the UK regulator, according to veteran retirement expert Mike Morrison.
-
Indosuez Wealth Mgt to buy Singapore and HK private bank
Indosuez Wealth Management has started exclusive discussions with Credit Industriel et Commercial to acquire its private banking operations in Singapore and Hong Kong.